Considering Filing Bankruptcy in Pensacola Florida?

Not sure how bankruptcy works? You will need to satisfy many financial requirements in order to be eligible for bankruptcy. You must also comply with certain requirements when filing bankruptcy in Pensacola Florida. Recall that bankruptcy proceedings are governed under federal law. The federal bankruptcy court in which you filed your case will hear your case. It’s best to have a bankruptcy lawyer to assist you in navigating the process.

Where Can I File For Bankruptcy?

These factors could have an impact on where you file your bankruptcy petition. You will normally file for consumer bankruptcy at the same address as your home. The bankruptcy trustee will need to be able to hear your case in the most convenient location for the court to consider. The trustee may need to inspect or sell your assets. You can get help from a qualified local bankruptcy attorney to decide the best location for you. These are three important factors.


If your majority of debts are consumer rather than business, you should file in the local district. If your legal address or physical address is different from the one you reside in, you may have to file in another district. If you moved in the last 180 days, you will need to file.

Business location

If your principal debts are derived from the operation and management of a business rather than consumer debts such as those for utilities, medical bills, or clothes, you can file in that district. If this is the case, you can file in your district. You can still file in the district where your principal place of business is located.


Many bankruptcy cases do not result in creditors getting anything. However, you can keep certain properties. You might file with the local district if you have substantial assets that the trustee could sell to creditors’ benefit. A trustee located far from your assets may find it difficult to sell them. Your case could be dismissed by the trustee.

You Can Protect Yourself From Creditors

If you’re just beginning to get calls from creditors or collection agencies, it is important to file for bankruptcy as soon as possible. You will receive an automatic injunction that places a halt to any creditors’ actions as soon as your bankruptcy filings are made.

Discharge A Majority Of Your Debts

You won’t be responsible for the full amount of your debts even if you agree to a Chapter 13 bankruptcy. If you have accumulated a large amount of debt, filing for bankruptcy could save you money. Filing bankruptcy in Pensacola Florida may be a good idea before your debts get worse so creditors have more room to negotiate. You can have peace of mind by having a plan for your finances and ensuring that you can quickly discharge most of your debts.

It Can Help Your Credit Recover Faster

Although filing for bankruptcy can affect your credit rating, the damage you do to your credit by continuing to get deeper into debt will be much more severe. If you are filing bankruptcy in Pensacola Florida early, your credit will recover faster. In just two years, you can apply for financial products if your chapter 13 bankruptcy is discharged. In order to rebuild your credit, you will likely be able to access secured financial products such as a secured credit card. Do not continue to damage credit. Instead, file early so you can avoid debts and start improving your credit.

Contact Our Office Today

Bruner Wright P.A. is the top-rated experienced bankruptcy attorney in Pensacola, South Georgia, and the Florida Panhandle. Our team has more than 40 years of experience helping people file Chapter 7 bankruptcy, Chapter 11 bankruptcy, Chapter 12 bankruptcy, and Chapter 13 bankruptcy. Our practice has been very successful in helping people discharge their debts. We offer a personal service that is comprehensive and thorough in all aspects of our industry. We are responsive to the needs of our clients.

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Contact us today to schedule a consultation with a bankruptcy attorney. Find out if bankruptcy is the best option. A member of our team will review your case to help you make the right choice. We are focused on consumer bankruptcy. We want you to achieve financial stability.